10 Common Misconceptions Businesses Have About Identity Proofing
There is a new automated technology available now that is helping businesses combat identity theft and prevent fraud. It is called identity proofing and it is specifically designed to verify consumer identities online.
With all the fraud prevention solutions available in the market today you are probably wondering, does my company really need to use an identity proofing solution? Download this white paper to learn some of the most common misconceptions about identity proofing to help you understand why the answer is yes.
This white paper examines the ten biggest misunderstandings businesses have about identity proofing and how this technology can be used to detect and prevent fraud, including:
- Why credit card verification isn't effective.
- The difference between "shared secrets" and identity proofing.
- Addressing customer friction.
- ...and more.
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